New Zealand Tightens Finances Under Holyoake Plan
In February the Holyoake government imposed its first instalment of deflationary policies. Subsidies on butter and flour were lifted, rents on state housing rose 24 percent, overseas living allowances fell from 6 to 5 pounds, and costs in government expenditure were announced. A prior budget raised prices on petrol liquor cigarettes and tobacco. The Monetary and Economic Council warned of serious external-finance difficulties and urged spending cuts to align with export receipts. The opposition condemned the council as a lame, government-appointed body.
MENTIONED IN THIS ARTICLE
New
Advisory Monetary and Economic Council
Holyoke
Holyonke
Labour Party
Nordmeyer
Britain
New Zealand
Wnh
New Zealand politics and Holyoake under pressure
New Zealand faces ongoing economic strain after the November election with debates over fiscal restraint and Trade. The opposition leader Mr Kirk criticizes government delays and Labour offers alternatives. Internal party tensions surface as Holyoake consolidates power amid public dissatisfaction and economic challenges.
Wright Stephenson Company Growth Across Nations
Wright Stephenson began in New Zealand in 186 as stock and station agents and woolbrokers. Over the years it diversified into a major commercial enterprise. The firm has long operated in Australia as a seed merchant and now plays a growing role in pasture improvement and national economic development.
MENTIONED IN THIS ARTICLE
New Zealand
Australia
Trade tensions linger as New Zealand exports rise in 1966
In 1966 manufacturing exports climbed to a record 50 million dollars, up eight million from prior figures, with steel and copper products contributing. A Wade agreement based provision could allow duty free New Zealand goods in Australia if finished products gain favor in New Zealand licensing. Australia may broaden imports of NZ motor components and other items while tensions persist over Kraft board exports and domestic industry protections.
MENTIONED IN THIS ARTICLE
Australia
New Zealand
H. W
Patterson
Australia - New Zealand
Tasman Pulp and Paper Company
Kraft Board
Isetestos
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Holt
Holyoake
Mr Holyoake
Norman Kirk
Labour Plan
Labour
Kirk
National Party
Marshall
Hanan
Tasman
Shand
Leslie Munro
Defence
Thompson
Waitangi
Halyoake
Wright Stephenson
Wrightson
J Wright Stephenson
The
United Kingdom
Stephenson
Wellington
Pines Ib
Asw
Morninbat
I Softwood
Radiata Pines
Bural Bank OF
Ws.w
Bligh Streak
Martin Place
Sydney
Egsworth
Ebsworth
Billott Moir & Aherh
Hunter Street
Queen Street
Malbourne
Vie
Tean
Radiata Forestry Development Ltd
Bligh Street
Gost
Ham
Auckland
Pitt Street
Adalaide
Ballarat
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and Islands
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Nth
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New York
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Israel
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Air Conomy
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G. & D. Hohnen
Patric Heusa
Patria Street
Devonport Street
Lyons
David Jones
Food Hall
D.j’s International Food Hall
St George
George
Zealand
Mainland
Lower Ground
Flr
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